The U.S. Oil Supply Revolution and the Global Economy /

This paper investigates the global macroeconomic consequences of falling oil prices due to the oil revolution in the United States, using a Global VAR model estimated for 38 countries/regions over the period 1979Q2 to 2011Q2. Set-identification of the U.S. oil supply shock is achieved through imposi...

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Bibliografiska uppgifter
Huvudupphovsman: Mohaddes, Kamiar
Övriga upphovsmän: Raissi, Mehdi
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2015.
Serie:IMF Working Papers; Working Paper ; No. 2015/259
Länkar:Full text available on IMF